TherapeuticsMD Inc. (NASDAQ: TXMD) Rise 3.07%, Now What? Don’t Panic – Stocks Register
Home  »  Companies   »  TherapeuticsMD Inc. (NASDAQ: TXMD) Rise 3.07%, Now...

TherapeuticsMD Inc. (NASDAQ: TXMD) Rise 3.07%, Now What? Don’t Panic

TherapeuticsMD Inc. (NASDAQ:TXMD) price on Thursday, August 05, rose 3.07% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.94.

A look at the stock’s price movement, the close in the last trading session was $0.91. The beta value (5-Year monthly) was 1.92. Turning to its 52-week performance, $2.75 and $0.91 were the 52-week high and 52-week low respectively. Overall, TXMD moved -15.06% over the past month.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


TherapeuticsMD Inc.’s market cap currently stands at around $385.51 million, with investors looking forward to this quarter’s earnings report slated for May 06, 2021. Analysts project the company’s earnings per share (EPS) to be -$0.11, which has seen fiscal year 2021 EPS growth forecast to increase to -$0.39 and about -$0.11 for fiscal year 2022. Per the data, EPS growth is expected to be 41.80% for 2021 and 71.80% for the next financial year.

Analysts have a consensus estimate of $22.71 million for the company’s revenue for the quarter, with a low and high estimate of $20.2 million and $25.1 million respectively. Wall Street analysts have also projected the company’s year-on-year revenue for 2021 to grow to $101.15 million, representing a 55.90% jump on that reported in the last financial year.

Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that TXMD is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.

4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 4 recommend TXMD as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.

TXMD’s current price about -8.88% and -17.98% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 35.85, while 7-day volatility ratio is 5.42% and 5.01% in the 30-day chart. Further, TherapeuticsMD Inc. (TXMD) has a beta value of 1.92, and an average true range (ATR) of 0.05. Analysts have given the company’s stock an average 52-week price target of $4.75, forecast between a low of $4.00 and high of $5.00. Looking at the price targets, the low is -325.53% off current price level while to achieve the yearly target high, price needs to move -431.91%. Nonetheless, investors will most likely welcome a -431.91% jump to $5.00 which is the analysts’ median price.

In the market, a comparison of TherapeuticsMD Inc. (TXMD) and its peers suggest the former has performed considerably stronger. Data shows TXMD’s intraday price has changed 3.07% in last session and -54.01% over the past year. Comparatively, AbbVie Inc. (ABBV) has moved 0.03% on the day and only 23.45% in the past 12 months. Looking at another peer, we see that Pfizer Inc. (PFE) price has dipped -0.29% on the day. However, the stock is 23.66% off its price a year ago. Moreover, Agile Therapeutics Inc. (AGRX) is also down -6.78% in trading on the day while keeping a a downtrend of -59.26% over the past year. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are up 0.60% and 0.78% respectively in the last trading.

If we refocus on TherapeuticsMD Inc. (NASDAQ:TXMD), historical trading data shows that trading volumes averaged 4.45 million over the past 10 days and 5.97 million over the past 3 months. The company’s latest data on shares outstanding shows there are 393.19 million shares.

>> 7 Top Picks for the Post-Pandemic Economy <<

The 5.10% of TherapeuticsMD Inc.’s shares are in the hands of company insiders while institutional holders own 45.90% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 59.67 million on May 27, 2021, giving us a short ratio of 7.89. The data shows that as of May 27, 2021 short interest in TherapeuticsMD Inc. (TXMD) stood at 15.17% of shares outstanding, with shares short falling to 64.69 million registered in Apr 29, 2021. Current price change has pushed the stock -22.08% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TXMD stock continues to rise going into the next quarter.

Leave a Comment

Your email address will not be published. Required fields are marked *

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free
top 5 stocks of last 10 year

Related Posts

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam